Law firms are prepping Trump-friendly corporations for investigations

Large law firms are already preparing their corporate clients for the investigations they expect will come if Democrats take over Congress.

Bloomberg Law reported on Tuesday that the major firms expect there to be hearings involving President Donald Trump's investments, government contracts with allegations of quid pro quo and sponsorships of the Trump ballroom, like Apple, Microsoft, Nvidia Corp. and Meta Platforms Inc. to name a few.

Brian Smith, a partner at Covington & Burling, said they're starting now.

It’s “getting ready for the potential of investigations in the same area, understanding what materials you have, what risks you have,” he said.

Susanne Grooms, who leads Cooley’s congressional investigations for the global law firm, told Bloomberg, “We map out the landscape of what the Congress will look like.”

Emily Loeb, who co-chairs the congressional investigations firm Jenner & Block, expects the hearings to come largely from House Oversight and Government Reform, House Judiciary, and House Energy and Commerce committees.

Rep. Robert Garcia (D-Ca.) has started too. The ranking member of the House Oversight Committee wrote a letter to Jared Kushner's Affinity Partners about the Trump son-in-law influencing foreign policy for personal financial gain.

He also sent a letter to The GEO Group Inc., a private prison company, that Democrats on the Oversight Committee have been investigating over self-dealing at the Department of Homeland Security under Secretary Kristi Noem.

For him, Garcia said he connects such investigations to the affordability agenda because these corporations are getting American tax dollars that could be going to help Americans afford healthcare and other items that were cut in the so-called "Big, Beautiful Bill" passed by Republicans in 2025.

“Part of our agenda is going to be, if there are corporations or large organizations that are working with the administration to rip off the American taxpayer, then that’s going to be exposed,” Garcia said.

Rep. James Walkinshaw (D-Va.) is similarly concerned about companies that have given to one of Trump's projects, which also may have expected favorable treatment.

“Companies that continued to do things by the book, I think, are going to be glad that they did,” he said.

Rep. Jamie Raskin (D-Md.) is expected to take over the Judiciary Committee if Democrats win in November. When asked about his approach to oversight, he said, “We’re doing everything we can to try to protect the Constitution and the rule of law."

The House Energy and Commerce Committee oversees the funding for surveillance, "the practice of collecting personal information about consumers and then using the data to charge different prices for the same goods."

Rep. Frank Pallone, Jr. (D-N.J.) told Bloomberg he'd already submitted letters to at least 25 companies.

“We’re trying to get to the bottom of it,” Pallone said in an interview. “And then we’ll see if there’s necessity for legislation.” While he would hope to get information voluntarily, he said, “there’s the possibility” of using subpoenas.

The House Committee on Natural Resources may seem like a tame group, but Democrats there already released a report called "From Vanity to Insanity: How the White House Cheated the American People out of their 250th Birthday." It alleges, among other things, that the president and his staff "hijacked" the "America 250" celebrations to funnel funding to their own shell company through no-bid contracts.

A Washington Post report revealed that among the findings was that donors were tricked into giving to "Freedom 250" by aides who gave them the account information for "Freedom" instead of "America" in wire transfers. If true, that would constitute wire fraud and charitable solicitation fraud, explained the congressional report.

Donors who gave to "America" were pressured by the Trump administration to withdraw their donations and reroute them into the "Freedom 250" event instead. Trump staff was also accused of taking $75 million of congressionally allocated funds that leaders thought they were getting for America250. The reduction in funds meant that there was less available for planned events around the country.

Rep. Jared Huffman (D-Ca.) told the Post that he would do a broader investigation when the Democrats are in control.

“If and when we have more tools at our disposal to do investigation and oversight, perhaps in the next Congress you will see a lot more information on this, I’m sure,” he said.